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1-bed · 669 sqftAl Thamam 05, Remraam · 5th floor · completed 2011

501, Al Thamam 05

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 2 February 2020
Last soldAED 650K4 November 2014
Current rentAED 37K /yr2 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Al Thamam 05

What is 501 worth today?

Last sold for AED 650,000 in 2014

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2 Feb 2020RentedNew contract
AED 37,025/yr13 months · AED 55 per sqft
18 Jan 2019RentedNew contract
AED 43,000/yr12 months · AED 64 per sqft
18 Jan 2018RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
4 Nov 2014SoldReady
AED 650,000AED 971 per sqft
15 Oct 2014SoldReady
AED 605,142AED 904 per sqft
15 Jan 2014RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
30 Mar 2009Sold by developerOff-plan
AED 631,878AED 944 per sqft

Source: Dubai Land Department. Updated 2 February 2020.

Key facts

Type
1-bed apartment
Size
669 sqft
Floor
5th of 5
Parking
G-87
Developer
Remraam
Completed
2011
Service charge
AED 10,700 /yr
Last sold
AED 650K · November 2014
Building
Al Thamam 05

About 501, Al Thamam 05

501 is a one-bedroom apartment of 669 sqft on the 5th floor of Al Thamam 05, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 November 2014 for AED 650,000, or AED 971 per sqft, 8% above the AED 902 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 2 February 2020, is AED 37,025 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 10,700 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Al Thamam 05
400K600K2009201220152018Typical sale price by year: 2009 AED 631,878; 2013 AED 696,875; 2014 AED 635,908; 2015 AED 350,000; 2017 AED 600,000; 2019 AED 450,000Sold by developer, March 2009: AED 631,878 (AED 944 per sqft)Sold, October 2014: AED 605,142 (AED 904 per sqft)Sold, November 2014: AED 650,000 (AED 971 per sqft)

501 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in Al Thamam 05
40K60K2013201720212025Typical rent by year: 2013 AED 44,000; 2014 AED 56,000; 2015 AED 55,000; 2016 AED 57,000; 2017 AED 53,000; 2018 AED 54,000; 2019 AED 46,500; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 37,000; 2023 AED 46,000; 2024 AED 50,000; 2025 AED 58,000; 2026 AED 61,000New contract, January 2014: AED 40,000 a yearNew contract, January 2018: AED 50,000 a yearNew contract, January 2019: AED 43,000 a yearNew contract, February 2020: AED 37,025 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Thamam 05, and where 501 sits

All 22 1-beds →

501 last sold in November 2014 at AED 971 per sqft, 8% above what one-beds in Al Thamam 05 were fetching at the time (AED 902). 501's AED 37,025 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jan 2025678,765
4 Jun 2024670,000
2 Mar 2023340,000
26 Sep 2022500,000
0 1-bed sales in the last 12 months

Al Thamam 05

Building

47 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 879
Typical sale
AED 1.45M
Typical rent
AED 62K /yr
Typical yield
8.3%
Al Thamam 05, Remraam: prices, sales and rents →

Other units on the 5th floor

All 47 units in Al Thamam 05
Value
5021-bedAED 470K · Sep 2019
5031-bedAED 709K · May 2014
5042-bedAED 1.05M · Aug 2025
5052-bedAED 1.1M · Feb 2026
5061-bedAED 697K · Oct 2013
5071-bedAED 929K · Apr 2018
5081-bedAED 605K · Oct 2013
1–7 of 8

501, Al Thamam 05 in numbers

  • Sold 3 times: first on 30 March 2009 for AED 631,878, last on 4 November 2014 for AED 650,000 (AED 971 per sqft).
  • Rented since January 2014 on 4 Ejari contracts, from AED 40,000 to AED 37,025 a year.
  • At AED 37,025 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 10,700 a year (AED 16.07 per sqft).

Source: Dubai Land Department. Updated 2 February 2020.

Questions about 501, Al Thamam 05

What did unit 501 last sell for?

AED 650,000 on 4 November 2014: AED 971 per sqft for 669 sqft. The unit has 3 registered sales; the first was AED 631,878 in March 2009.

What is the rent for unit 501?

AED 37,025 a year on the contract signed on 2 February 2020. The previous contract, from January 2019, was AED 43,000; the unit has been rented since January 2014.

How big is unit 501?

669 sqft (62.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 501, Al Thamam 05

Starts from the last sale price (AED 650K, 4 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →